BERKELEY, Calif.—African American, Asian American and Latino senior citizens are economically vulnerable and getting more so, a new report from the Greenlining Institute has found. Because they have less access to pensions or other forms of retirement savings, these groups may be particularly vulnerable to the effects of cuts to Social Security and Medicare likely to be considered by the 12-member special congressional committee created by the budget deal signed this week by President Obama.
The report, available online at www. greenlining.org, concludes: